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The latest update is out from Bilia AB Class A ( ($SE:BILI.A) ).
Bilia AB’s Board of Directors has decided to repurchase up to 1,250,000 of its own shares, valued at a maximum of SEK 150 million, to optimize its capital structure and enhance shareholder value. This strategic move, set to occur on Nasdaq Stockholm, is expected to maintain the company’s strong financial position while allowing for continued business development.
The most recent analyst rating on ($SE:BILI.A) stock is a Hold with a SEK140.00 price target. To see the full list of analyst forecasts on Bilia AB Class A stock, see the SE:BILI.A Stock Forecast page.
More about Bilia AB Class A
Bilia is one of Europe’s largest full-service suppliers for car ownership, specializing in the servicing and sales of cars, transport vehicles, and trucks. The company offers a wide range of services including repair, fuel, car wash, rental cars, and more across its 170 facilities in Sweden, Norway, Luxembourg, and Belgium. Bilia also engages in the sales of new and used vehicles from various renowned brands and provides supplementary services such as financing and insurance.
Average Trading Volume: 91,528
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK11.13B
See more data about BILI.A stock on TipRanks’ Stock Analysis page.